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Post# of 817856
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Chiugray

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Chiugray

Re: Diamondjim61 post# 21386

Wednesday, 10/15/2014 3:33:02 PM

Wednesday, October 15, 2014 3:33:02 PM

Post# of 817856
Not an expert on shorting but my understanding is shorts / naked shorts only have to cover when NWBO is acquired and all open trades need to be closed out. However until then and in the meantime they are taking on high risk at this low PPS and paying a high borrowing rate, ie XX%. When news breaks out and a sustained upswing in price is clear, they will want to cover and reshort later or not.
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Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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